A novel MCDM model for prioritizing the renewable power plants’ construction

Abstract

Purpose The purpose of this paper is to propose a new multi-criteria decision making (MCDM) technique to determine the priority of renewable power plants construction conceding technical, economic, social, political and environmental aspects. Design/methodology/approach First, a comprehensive set of 5 main criteria of technical, economic, social, political and environmental are considered for renewable power plants construction, each including 5 sub-criteria (a total of 25 sub-criteria). Then, the analytic hierarchy process method is used to determine the weight of the criteria. Finally, a new MCDM technique proposed to prioritize the construction of renewable power plants, named TOPKOR. To demonstrate the capability of the proposed method, a case study is conducted in which six types of renewable power plants are evaluated. Findings Comparison results of the main criteria weights show that the “economic” [0.403], “environmental” [0.296] and “technical” [0.17] aspects have the highest importance, respectively. The results also show that solar, hydroelectric and wave and tidal power plants have the highest priority for construction, respectively. Research limitations/implications The result of this research could be useful for related decision makers in construction of the renewable power plants to have a comprehensive set of criteria in technical, economic, social, political and environmental aspects in their decision process. Originality/value This research provides a comprehensive set of criteria and sub-criteria for prioritizing the renewable power plants. Moreover, a new hybrid MCDM technique is introduced for prioritizing the construction of power plants.

Risk Evaluation of Electric Power Grid Enterprise Related to Electricity Transmission and Distribution Tariff Regulation Employing a Hybrid MCDM Model

“…Azhar, et al take the Analytical Hierarchy Process (AHP) of the Multi-Criteria Decision-Making Analysis as a tool to rank the technical, economic, and environmental criteria of the renewable and conventional energy power plants [21]. Sedady and Beheshtinia employ the multi-criteria decision making (MCDM) method to obtain the priority of renewable power plants construction at the technical, economic, social, political, and environmental degrees [22].…”

Improving power quality efficient in demand response: Aggregated heating, ventilation and air-conditioning systems

“…The structure of a smart grid is highly complicated with high penetration of renewable generation, contains lots of nonlinear or sensitive loads, and requires power supply with higher quality and stability (Pourmousavi et al, 2014;Sedady and Beheshtinia, 2019).…”

“…Renewables have undergone rapid growth globally and supply 40% of the world's energy. They are expected to play a major role in the future power generation by 2040 (Cai and Braun 2019;Sedady and Beheshtinia, 2019). However, the integration of large-scale renewable energy affects the power system in many ways.…”

Evaluating the Performance of Colombian Banks by Hybrid Multicriteria Decision Making Methods

“…Secondly, there are various studies that use MCDM methods. Let us note, that DEA and MCDM methods found wide areas of applications such as, for instance, for supplier selection (Beheshtinia & Nemati-Abozar, 2017), for prioritizing renewable power plants' construction (Sedady & Beheshtinia, 2019), or for evaluating the quality of hospital services (Torkzad & Beheshtinia, 2019). However, in the following the literature review only considers respective studies in the field of banking.…”